LOS ANGELES (Reuters) — Coda Holdings, the U.S. assembler of Chinese-made electric vehicles, filed for Chapter 11 bankruptcy protection today after selling just 100 of its all-electric sedans, another example of battery-powered vehicles’ failure to break into the mass market.
Of course, “battery-powered” means coal, nukes, and natural gas.
The left image shows Chevy’s erstwhile claim that its Volt model would be getting 230 MPG. The right one is the EPA playing along and saying it would be getting some blend of 93 and 37 MPG.
Now that the Volt exists (albeit barely, and without its promised all-electric power system) in the real world, what MPG does it actually get?
41, according to edmunds.com.
Neither the miniscule sales nor the pathetic results, of course, are stopping GM from exploiting the contraption as halo-ware. [Note the highly curious inclusion in this ad of almost-questions about why the Volt isn’t all-electric. What’s up with that?]